Henkel & Co KGaA AG (HNKG.DE)
30 Sep 2016
LONDON, Aug 11 European shares hit a two-month closing high on Thursday, with companies such as scents and flavours maker Symrise and consumer group Henkel hitting record highs after strong results and encouraging updates.
* Shares at record high, lead blue-chip DAX index (Recasts throughout, adds detail, background)
* CFO says have committed ourselves to 3.7 billion eur in expenses for takeovers this year, so far 440 million paid out
LONDON, Aug 11 European shares were mixed on Thursday as investors digested a welter of earnings reports, with German firms Henkel at a record high after lifting its outlook and K+S weighed down by a profit slump.
FRANKFURT, Aug 11 German consumer goods group Henkel expects North American Sun Products to add 1.4 billion euros ($1.56 billion) to group sales, following June's acquisition of the laundry detergent maker.
FRANKFURT, Aug 11 German consumer group Henkel lifted the full-year guidance for its core profit margin as it reported consensus-beating second-quarter results bolstered by strong sales in emerging markets.
LONDON/NEW YORK Bankers and lawyers advising companies on takeovers and initial public offerings from London to New York fretted over their deals on Friday, after a British vote to leave the European Union poleaxed company valuations and executive confidence.
FRANKFURT German consumer products group Henkel said on Friday it was buying U.S. laundry and home care company The Sun Products Corp from a fund of Vestar Capital Partners in a deal valued at $3.6 billion including debt.
* Shares top performers on DAX index (Adds advisors, analyst comment, shares)
FRANKFURT, June 24 German consumer products group Henkel said it was buying U.S. laundry and home care company The Sun Products Corp from a fund of Vestar Capital Partners in a deal valued at about 3.2 billion euros ($3.5 billion) including debt.